Owner
$72,215
19183 TRINITY ST, DETROIT, MI
Quick Facts
owner occupied
No
vacant
No
corporate owner
No
beds
0
baths
1
sq. ft.
921
property type
Single Family Residential
hoa
No
About
Residential
Building Quality C
Living Area
Garage
1 Story
Unspecified Basement
Forced Air Unit
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
1949
Building Size
921 sq ft
Lot Size
5,663 sq ft
Lot Size (Acres)
0.13 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
22108650.041
County
Wayne County, MI
Metro Area
Detroit-Warren-Dearborn, MI
Zoning
R1
Neighborhood/Subdivision
EAST TRINITY SUB
Lot Number
—
School District
Detroit City School District
Legal Description
W TRINITY 52 BLACKSTONE EAST TRINITY SUB L71 P23 PLATS, W C R 22/726 42 X 131.75
Tax & Value Information
Market Value (Total)
$66,600
Building Value
$0
Land Value
$66,600
Annual Property Tax
—
Tax Assessment Year
2023
Assessed Value
$33,300
Last Assessment Year
2023
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
7/3/2012
Recording Date
7/3/2012
Sales Document #
2012.276624
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$2,794
Return on Investment
15.60%
After Repair Value
$79,437
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$64,994
Renovation Cost
$3,611
Closing Costs (buying)
$1,300
Holding Costs
$1,972
Selling Costs
$4,766
Total Investment
$17,909
After Repair Value (ARV)
$79,437
Total Costs
$76,642
Estimated Profit
$2,794
Cash Invested
$16,609
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area